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On 27 February 2026, the Eighth Schedule of the VAT Law (95(I)/2000) was amended pursuant to ΚΔΠ 103/2026 and the Fifth Schedule of the VAT Law was amended pursuant to ΚΔΠ 102/2026.

Further to our VAT Alert in October 2025 for the Arcomet Towercranes case (C-726/23) the Attorney General has recently issued her decision on the pending Stellantis Portugal (C 603/24) case, in relation to the treatment of transfer pricing adjustments from a VAT perspective.

The Cyprus Tax Department has issued a Notice extending the option for lessors to submit Form T.F. 1220 retroactively until 31 March 2026 where the lessor has not imposed VAT on the rent, has not notified the Tax Commissioner using Form T.F. 1220, and has fulfilled their direct tax obligations.

The Court of Justice of the European Union (CJEU) issued its decision in the Arcomet Towercranes case (C-726/23). The case addresses the VAT treatment of transfer pricing (TP) adjustments charged by a principal company to an operating subsidiary, as well as the level of supporting documentation required to secure input VAT deduction.

It’s not a surprise that nowadays the rise of influencers has reshaped the landscape of traditional marketing worldwide, including Cyprus. Influencers, utilise social media platforms – Instagram, Facebook, YouTube, TikTok – to become powerful faces for different brands. However, as the influencer industry continues to grow, so do the complexities surrounding its taxation, particularly Value Added Tax (VAT).

It’s not a surprise that nowadays the rise of influencers has reshaped the landscape of traditional marketing worldwide, including Cyprus. Influencers, utilise social media platforms – Instagram, Facebook, YouTube, TikTok – to become powerful faces for different brands. However, as the influencer industry continues to grow, so do the complexities surrounding its taxation, particularly Value Added Tax (VAT).

Blockchain has been seized upon by the financial services sector, where it is playing a crucial role in tracking and authenticating transactions.

Every business can benefit from the Internet of Things – just start small and choose wisely when deciding which operations you want to target.